Breakingviews - Big transitions are better embraced than resisted
in workflow – were given extraordinary boosts by state-mandated shutdowns. Governments face a make-or-break year to regulate these multi-trillion-dollar behemoths. Microsoft under Satya Nadella is our pick to manage these headwinds best.
And even as people trickle back to offices, post-pandemic dynamics in communications, training, travel and social interaction are permanently reshaping the workplace and productivity. This has implications for the nature of labour, property, urban planning and beyond. It also poses new challenges to leaders, none of whom were trained at Harvard Business School or INSEAD to run sprawling organisations of employees working individually from home.
The increasingly chilly war between the United States and China will dominate international trade and geopolitics. The kerfuffle over U.S. nuclear-submarine sales to Australia and America’s shambolic retreat from Afghanistan offered glimpses into the fractious nature of the Western alliance. With Xi Jinping set for a third term as China’s president, U.S. President Joe Biden has a chance to reach détente of some sort to cooperate on climate change, the pandemic and other priorities.
Success will require extraordinary social inclusion. Governments, companies and taxpayers have to proactively prepare for the sacrifices that are needed to prevent the earth from scorching, while delivering greater equity, financial inclusion and social justice. Failure to do so will lead to civil unrest or worse.
(This is the introduction to Breakingviews predictions for 2022. To see more of our predictions, click
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